Currently set to No Index
Currently set to No Follow
Tuesday, September 27, 2022

USDCAD has reached this support 1.26 for the third time
1 mins well spent

USDCAD Support Analysis

USDCAD has reached the support zone for the third time.  Let’s wait for the confirmation of reversal or breakout until the next week.

Due to the weekend, the confirmation of breakout on this week is not possible.

The retail sales of Canada came in a negative result today.

The Canadian Dollar remains higher as US Dollar weakness persists due to the US initial Jobless claims raised further to 861k than expected 761K.

Crude oil WTI barrel containing Full of oils in black color

Crude oil prices rising supports for the Canadian Dollar to move higher.

And today US manufacturing and services PMI data will help the Canadian Dollar to higher or weaker based on data released in the evening.

Get Each trading signal with Chart Analysis and Reason for buying or selling the trade which helps you to Trade with confidence on your trading account.

Want to increase your profits in trading? Get the best trading signals at an accurate time. Try premium or supreme signals now: forexgdp.com/forex-signals/

Leave a Reply

Your email address will not be published.

Also read